Law firm Quinn Emanuel Urquhart & Sullivan will call in US experts to back up its proposed “step up” funding model as five law firms begin a high stakes battle to lead a shareholder class action against AMP.
Building material manufacturer Amaca and distributor Seltsam have lost their appeal of a $1.5 million judgment won by a NSW resident who developed mesothelioma after working with asbestos during the 60s and 70s.
Shareholders in a class action against Sirtex have secured an order forcing the life sciences company to notify them of any plan that would see its $128 million in liquid assets drop below $80 million.
A judge has rejected an application by biotech company Sirtex Medical to limit a class action to shareholders who register as group members in the next month, saying a class-closure order could dramatically cut down on the size of the class.
A landmark ruling that transferred four competing federal class actions against AMP to state court will stand, with the law firms behind the cases opting out of a fight in the High Court.
BHP Billiton has been hit with a third class action in Australia over the 2015 dam failure at its Samarco mine in Brazil, and the lead applicant in the latest case — one of the biggest pension funds in the US — has a lot at stake.
Class action law firm Maurice Blackburn has thrown its support behind a Federal Labor proposal that would force larger companies to reveal the extent of their gender pay gaps.
Shareholders in a class action against Sirtex Medical have lost a bid for an order preventing the life sciences company from quietly moving $128 million in cash assets out of the country after its $1.9 billion takeover by a Chinese private equity company comes into effect Thursday, but the battle over the money will likely continue.
Cricket Australia has reached a settlement in a lawsuit filed by a Tasmanian woman who was fired by the sports league for tweeting her views about abortion.
Supermarket giant Woolworths has been hit with a class action on behalf of investors who allegedly suffered losses when the company revised its sales and profit guidance and revealed it had been using the wrong pricing competitiveness and stock availability metrics.